% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 7 percentage points higher at 15% in Q120 up from Q119 at 8% due to

.  Net profit in Q3/2017 was Baht 78 million, a decrease of 52% YoY due to 1) higher cost per unit resulted from lower capacity utilization YoY; and 2) higher depreciation resulted from additional

last year at 17.14% due to the declining in sales whereas depreciation was higher from machine acquisition and plant and equipment improvement expenditure. 3. The consolidated net profit margin was 1.3

the lockdown measures both in domestic and foreign, resulting in the resumed economic activity. The government expenditure continued to expand both in current expenditure and capital expenditure. Those

associated company can decrease the cost from this investment. From this joint investment, Thippayabadin Company Limited can growth in revenue and profit. So, Ramkhamhaeng will receive benefit come back in

specifically investment expenditure for the Telecommunication Infrastructure Project of Ministry of Digital Economy and Society has been expanded. Meanwhile, the government investment slowed down because the

in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for

6.35 263.45 0.77 795.64 792.27 0.43 Cost of goods sold 139.69 129.14 8.17 132.87 5.13 418.50 416.74 0.42 Distribution costs and administrative expenses Distribution costs 46.25 33.48 38.14 47.18 (1.97

synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA

limited for the reason that the 2024 annual Government Statement of Expenditure has not yet been approved. It is expected that the government statement of expenditure approval will be completed in April